Town of Plymouth’s “COVID-19 Daily Update” – September 15, 2021

In this week’s Wednesday episode (September 15, 2021) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather delivers a "State of the IRS" report. In essence, the IRS is currently broken. Many taxpayers have been complaining about receiving numerous IRS notices but not having any access to IRS employees. In fact, the IRS is currently only [...]

The Child Tax Credit Update Portal Allows Families to Update Direct Deposit Information or Unenroll

This article was published by the IRS. The IRS recently upgraded the Child Tax Credit Update Portal to enable families to update their bank account information so they can receive their monthly Child Tax Credit payment. The tool also allows families to unenroll from the advance payments if they don't want to receive them. The Update [...]

IRS Sending Letters to More Than 36 Million Families Who May Qualify for Monthly Child Tax Credits

This article was published by the IRS.  The Internal Revenue Service has started sending letters to more than 36 million American families who, based on tax returns filed with the agency, may be eligible to receive monthly Child Tax Credit payments starting in July. The expanded and newly-advanceable Child Tax Credit was authorized by the American [...]

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